Category Archives: Loan Shark Info

Learn about various topics on loan sharks, good personal finance habits, and debt. Avoiding predatory lending can be successful if you prevent yourself or family from bad financial situations.

We are here to help you get out of a bad financial picture, or to keep you from getting there in the first place.

07Nov/13

Fighting Back

November 7, 2013Loan Shark Infoloansharks

Protect Yourself From Predatory Lenders Use your financial common sense; if you can’t afford it, you shouldn’t buy it. Plan a realistic budget and stick to it. Have a savings plan soRead More…

07Nov/13

Modern Day Predatory Lending

November 7, 2013Loan Shark Infolending, predatoryloansharks

There is no legal definition for predatory lending, but it generally includes the use of unethical practices by lenders who use tactics that skirt around the law. They might give unfair loanRead More…

07Nov/13

The History of Loan Sharks

November 7, 2013Loan Shark Infohistory, loan, shark, sharkingloansharks

Loan sharking is the practice of lending money to desperate people at extremely high and illegal rates of interest. Loan sharks, or shylocks, make a big profit from people who can’t getRead More…

07Nov/13

What’s a Loan Shark?

November 7, 2013Loan Shark Infolenders, loan, predators, sharksloansharks

Who Are Loan Sharks Anyway? Loan sharking is the practice of lending money to desperate people at extremely high and illegal rates of interest. Owing money to a shark may feel likeRead More…